Description
INVESTOR OPPORTUNITY: WHOLE BUILDING FOR REFURBISHMENT IN FUENGIROLA - 150M FROM THE SEA**
Magnificent investment opportunity in Fuengirola, with a prime location just 150 meters from the sea and very close to the Marina (*Puerto Deportivo*).
The entire block is for sale (not by individual units), making it ideal for developers or investors looking for a high-profitability project.
INVESTMENT HIGHLIGHTS:
5 Unit Block:** 9 Bedrooms and 8 Bathrooms in total.
High-Margin Project:** Building currently undergoing refurbishment (Responsible Declaration submitted).
Location:** Maximum potential for holiday rental exploitation.
Lift Confirmed:** An agreement is in place within the project for the installation of an elevator (*ascensor*) to be shared with the adjoining building, drastically increasing the value of the units.
Horizontal Division (DH):** Currently being processed, which will facilitate the individual sale of the apartments post-refurbishment.
PURCHASE OPTIONS AND PRICE: The building is initially offered in its current state, with the works already started:
Option Price:
Option A (Works Started) €1.100.000
Option B (Finished Refurbishment) Possibility of acquiring the completed project for €1,450,000
For more information, please contact the agent.
Magnificent investment opportunity in Fuengirola, with a prime location just 150 meters from the sea and very close to the Marina (*Puerto Deportivo*).
The entire block is for sale (not by individual units), making it ideal for developers or investors looking for a high-profitability project.
INVESTMENT HIGHLIGHTS:
5 Unit Block:** 9 Bedrooms and 8 Bathrooms in total.
High-Margin Project:** Building currently undergoing refurbishment (Responsible Declaration submitted).
Location:** Maximum potential for holiday rental exploitation.
Lift Confirmed:** An agreement is in place within the project for the installation of an elevator (*ascensor*) to be shared with the adjoining building, drastically increasing the value of the units.
Horizontal Division (DH):** Currently being processed, which will facilitate the individual sale of the apartments post-refurbishment.
PURCHASE OPTIONS AND PRICE: The building is initially offered in its current state, with the works already started:
Option Price:
Option A (Works Started) €1.100.000
Option B (Finished Refurbishment) Possibility of acquiring the completed project for €1,450,000
For more information, please contact the agent.
Details
Property Reference:R5253496
Reference Agency:
Country:Spain
Year Built:1976
